InterContinental Hotels Group PLC Announces Transaction in Own Shares - March 13
Rhea-AI Summary
InterContinental Hotels Group (NYSE:IHG) purchased 20,187 ordinary shares on 12 March 2026 through Goldman Sachs International on the London Stock Exchange at an average price of $131.5011 per share.
The company said it intends to cancel the purchased shares. Following the transaction, IHG has 150,654,861 ordinary shares in issue (excluding 5,431,782 treasury shares).
Positive
- Repurchased 20,187 ordinary shares on 12 March 2026
- Intends to cancel the repurchased shares, reducing issued share count
Negative
- Buyback small relative to issued shares (~0.013% of issued shares)
Purchase of own shares
LONDON, UK / ACCESS Newswire / March 13, 2026 / The Company announces that on 12 March 2026 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 8 May 2025 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 17 February 2026, as announced on 17 February 2026.
Date of purchase: | 12 March 2026 |
Aggregate number of ordinary shares purchased: | 20,187 |
Lowest price paid per share: | |
Highest price paid per share: | |
Average price paid per share: |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 150,654,861 ordinary shares in issue (excluding 5,431,782 held in treasury).
A full breakdown of the individual purchases by GSI is included below.
http://www.rns-pdf.londonstockexchange.com/rns/4889W_1-2026-3-12.pdf
Enquiries to:
InterContinental Hotels Group PLC:
Investor Relations: Stuart Ford (+44 (0)7823 828 739); Kate Carpenter (+44 (0) 7825 655 702); Joe Simpson (+44 (0)7976 862 072)
Media Relations: Neil Maidment (+44 (0)7970 668 250); Mike Ward (+44 (0)7795 257 407)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: InterContinental Hotels Group PLC
View the original press release on ACCESS Newswire
FAQ
How many shares did IHG (IHG) buy back on March 12, 2026?
What price did IHG (IHG) pay per share for the March 12, 2026 buyback?
Will IHG (IHG) cancel the shares repurchased on March 12, 2026?
How many ordinary shares does IHG (IHG) have after the March 12, 2026 transaction?
Under what authority did IHG (IHG) carry out the March 12, 2026 repurchase?